1417 Burke Road,
Kew, VIC 3101

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Beaurepaires Kew: Long Term Security + Future Development Upside

HIGHLY SECURE INCOME OF $161,200* P.A.
780sqm* TRIPLE FRONTED SITE
5 YR NET LEASE TO GOODYEAR/BEAUREPAIRES

Prime retail investment leased to Beaurepaires (owned by Goodyear), Australia's largest and most trusted tyre retail with over 250 stores nationally

Located on the high exposure junction of Burke Road and High Street with 25,000 cars passing daily, and 83m* of valuable frontage

Outstanding security with new five (5) year net lease and maximum tenure to 2025 (tenant has occupied this site for over 30 years) plus fixed 4% annual rental increases

780sqm* triple fronted allotment providing huge future development potential (STCA) in the affluent suburb of Kew East

Net annual income of $161,200* + GST + outgoings

FOR SALE VIA PUBLIC ON-SITE AUCTION, FRIDAY 26th AUGUST 2016 AT 12.30PM

For more information, please contact the exclusive sales and marketing agents:

CBRE

Rorey James
+61 439 400 081

Josh Rutman
+61 411 273 746

Beller Commercial

Brendan Goss
+61 400 575 596

Fred Nucara
+61 418 567 560

*approx

Property ID: 502050366Last Updated: 3 Oct 2023

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